The US Commerce Department would slap preliminary duties on imports of welded stainless pressure pipe from India after finding the goods were being dumped in the US market at below market prices. The department said it found the products were being dumped at margins of up to 18.9 percent, and that it would tell US customs officials to collect a 16.9 percent cash deposit as the trade case moves forward.
The Commerce Department though would announce its final determination on or about September 17 but the preliminary decision came in response to a complaint brought last year by Bristol Metals, a subsidiary of US steel products maker Synalloy Corp; Outokumpu Stainless Pipe, a subsidiary of Finnish firm Outokumpu; and Felker Brothers Corp and Marcegaglia USA.
If Commerce Department makes an affirmative final determination, and the U.S. International Trade Commission (ITC) makes an affirmative final determination that imports of welded stainless pressure pipe from India materially injure, or threaten material injury to, the domestic industry, Commerce will issue a CVD order.
Earlier, in March the department issued a preliminary finding that imports of the pipe were also being unfairly subsidized and a final Commerce Department determination in that case is expected by July 18. As pere the preliminary findings, Commerce calculated a preliminary subsidy rate of 2.96 percent and 6.21 percent for mandatory respondents Steamline Industries Limited and Sunrise Stainless Private Limited, Sun Mark Stainless Pvt. Ltd., and Shah Foils Ltd. (collectively, Sunrise Group), respectively. All other producers/exporters in India have been assigned a preliminary subsidy rate of 4.55 percent. The petitioners for this investigation were Bristol Metals, LLC (TN); Felker Brothers Corporation (WI); Outokumpu Stainless Pipe, Inc. (FL); and Marcegaglia USA Inc. (PA).
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